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FDATA Welcomes Karim Nanji to its Board of Directors

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Inverite Insights (CSE: INVR), an AI-driven financial data software provider, announced the appointment of its CEO Karim Nanji to the Board of Directors of the Financial Data and Technology Association (FDATA). FDATA is a global organization focused on promoting customer-permitted access to financial data and supporting innovation in financial services.

Nanji, who has served as Inverite's CEO since 2019, brings extensive experience in secure bank connectivity and fraud prevention. His background includes senior leadership roles at Progressa, TIO Networks (acquired by PayPal), and CustomHouse (acquired by Western Union Business Solutions). He holds an MBA from Simon Fraser University and a BA in Economics from the University of British Columbia.

Inverite Insights (CSE: INVR), un fornitore di software di dati finanziari guidato dall’AI, ha annunciato la nomina del suo CEO Karim Nanji al Consiglio di Amministrazione dell’Associazione Global Data e Technology nel Settore Finanziario (FDATA). FDATA è un’organizzazione globale dedicata a promuovere l’accesso ai dati finanziari con il consenso del cliente e a sostenere l’innovazione nei servizi finanziari.

Nanji, che ricopre la carica di CEO di Inverite dal 2019, vanta una vasta esperienza in connettività bancaria sicura e prevenzione delle frodi. Il suo percorso include ruoli dirigenziali di rilievo in Progressa, TIO Networks (acquisita da PayPal) e CustomHouse (acquisita da Western Union Business Solutions). Possiede un MBA presso la Simon Fraser University e una laurea in Economia presso l’University of British Columbia.

Inverite Insights (CSE: INVR), un proveedor de software de datos financieros impulsado por IA, anunció el nombramiento de su CEO Karim Nanji en la Junta Directiva de la Asociación de Datos Financieros y Tecnología (FDATA). FDATA es una organización global enfocada a promover el acceso a datos financieros con el consentimiento del cliente y a apoyar la innovación en los servicios financieros.

Nanji, quien se desempeña como CEO de Inverite desde 2019, aporta una amplia experiencia en conectividad bancaria segura y prevención de fraudes. Su trayectoria incluye cargos de alta dirección en Progressa, TIO Networks (adquirida por PayPal) y CustomHouse (adquirida por Western Union Business Solutions). Posee un MBA de la Simon Fraser University y una Licenciatura en Economía de la University of British Columbia.

Inverite Insights (CSE: INVR)는 AI 기반 금융 데이터 소프트웨어 공급업체로, CEO Karim Nanji를 금융 데이터와 기술 협회(FData)의 이사회에 임명했다고 발표했습니다. FDATA는 고객의 동의를 바탕으로 금융 데이터에 대한 접근을 촉진하고 금융 서비스의 혁신을 지원하는 글로벌 조직입니다.

2019년부터 Inverite의 CEO로 재직해 온 Nanji는 안전한 은행 연결성과 사기 방지 분야에서 광범위한 경험을 보유하고 있습니다. 그의 경력에는 Progressa, TIO Networks( PayPal에 인수), CustomHouse(Western Union Business Solutions에 인수)에서의 고위 리더십 역할이 포함됩니다. 그는 사이먼 프레이저 대학교에서 MBA를, 브리티시컬럼비아 대학교에서 경제학 학사를 취득했습니다.

Inverite Insights (CSE: INVR), un fournisseur de logiciels de données financières propulsés par l’IA, a annoncé la nomination de son PDG Karim Nanji au Conseil d’administration de l’Association des Données et Technologies Financières (FDATA). FDATA est une organisation mondiale axée sur la promotion de l’accès aux données financières avec le consentement des clients et le soutien à l’innovation dans les services financiers.

Nanji, qui occupe le poste de PDG d’Inverite depuis 2019, apporte une vaste expérience en connectivité bancaire sécurisée et en prévention de la fraude. Son parcours comprend des postes de direction dans Progressa, TIO Networks (acquise par PayPal) et CustomHouse (acquise par Western Union Business Solutions). Il détient un MBA de la Simon Fraser University et une licence en économie de l’Université de la Colombie-Britannique.

Inverite Insights (CSE: INVR), ein KI-gesteuerter Anbieter von Finanzdaten-Software, gab die Ernennung seines CEO Karim Nanji zum Vorstand der Financial Data and Technology Association (FDATA) bekannt. FDATA ist eine globale Organisation, die darauf abzielt, den von Kunden genehmigten Zugriff auf Finanzdaten zu fördern und Innovationen im Finanzdienstleistungsbereich zu unterstützen.

Nanji, der seit 2019 CEO von Inverite ist, verfügt über umfassende Erfahrungen in sicherer Bankkonnektivität und Betrugsprävention. Zu seinen Stationen gehören Führungspositionen bei Progressa, TIO Networks (von PayPal übernommen) und CustomHouse (von Western Union Business Solutions übernommen). Er hält einen MBA von der Simon Fraser University und einen BA in Ökonomie von der University of British Columbia.

Inverite Insights (CSE: INVR)، مزود برمجيات البيانات المالية المدعومة بالذكاء الاصطناعي، أعلن تعيين مديره التنفيذي Karim Nanji في مجلس إدارة الجمعية العالمية لبيانات وتقنية المعلومات المالية (FDATA). FDATA هي منظمة عالمية تركز على تعزيز الوصول إلى البيانات المالية بموافقة العملاء ودعم الابتكار في الخدمات المالية.

Nanji، الذي يشغل منصب المدير التنفيذي لـ Inverite منذ 2019، يمتلك خبرة واسعة في الاتصال البنكي الآمن ومنع الاحتيال. تشمل مسيرته المهنية مناصب قيادية عليا في Progressa وTIO Networks (المدرجة في PayPal) وCustomHouse (المتداولة من قبل Western Union Business Solutions). holders MBA من Simon Fraser University وBA في الاقتصاد من University of British Columbia.

Inverite Insights (CSE: INVR),一个由人工智能驱动的金融数据软件提供商,宣布任命其首席执行官 Karim Nanji 为金融数据与技术协会(FDATA)董事会成员。FDATA 是一个全球性组织,致力于促进在获得客户许可的前提下访问金融数据,并支持金融服务创新。

Nanji 自2019年起担任 Inverite 的 CEO,拥有丰富的安全银行连接与防欺诈经验。他的职业生涯包括在 Progressa、TIO Networks(被 PayPal 收购)以及 CustomHouse(被 Western Union Business Solutions 收购)的高级领导职务。他在西蒙弗雷泽大学获得 MBA,在不列颠哥伦比亚大学获得经济学学士学位。

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Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - Inverite Insights Inc.  (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, is pleased to announce that its Chief Executive Officer, Karim Nanji, has been appointed to the Board of Directors of the Financial Data and Technology Association ("FDATA").

FDATA is a global industry body dedicated to promoting customer-permitted access to financial data, supporting innovation and competition in financial services while protecting consumer interests. As a board member, Mr. Nanji will contribute his expertise in serving underbanked and credit-challenged consumers in Canada and the United States and help guide FDATA's advocacy on open-banking and consumer data rights.

"I'm honored to join FDATA's Board at a pivotal moment for our industry," said Karim Nanji, CEO of Inverite Insights Inc. "FDATA has been a critical voice in ensuring consumers and small businesses can securely access and share their financial data. I look forward to contributing Inverite's perspective as we continue driving innovation, inclusion, and competition in financial services."

Steve Boms, Executive Director of FDATA, welcomed Mr. Nanji's appointment: "Karim's deep expertise in building trustworthy, customer-permissioned solutions that support financial access and inclusion will be a great asset to our Board. His hands-on experience in secure bank connectivity and fraud prevention will be invaluable as FDATA works with policymakers in the United States and Canada to establish a modern framework for open finance."

Mr. Nanji has served as CEO of Inverite since 2019, guiding the company's growth as a Canadian pioneer in real-time bank verification, risk insights, and identity tools. He previously held senior leadership roles at Progressa, TIO Networks Corp. (acquired by PayPal), and CustomHouse (acquired by Western Union Business Solutions). Mr. Nanji holds an MBA in Management of Technology from Simon Fraser University and a Bachelor of Arts in Economics from the University of British Columbia.

With his election, Mr. Nanji joins a diverse group of fintech and financial services executives on the FDATA Board of Directors, collectively guiding the association's advocacy to protect consumer data rights and foster a competitive, innovative financial ecosystem.

About FDATA

FDATA is a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms. FDATA works with policymakers, regulators, and industry stakeholders to advance open finance frameworks that empower consumers and small businesses to securely access and share their own financial data.

For further information about FDATA, please visit: https://fdata.global/

About Inverite Insights Inc.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 30 billion financial data points from more than seven million unique Canadian consumers requests, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.

For further information about Inverite, please visit: inveriteinsights.com.

ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: ir@inverite.com

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Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release.

Forward-Looking Statements: This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.

The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267512

FAQ

Who is Karim Nanji and what is his new role at FDATA?

Karim Nanji is the CEO of Inverite Insights Inc. who has been appointed to the Board of Directors of FDATA (Financial Data and Technology Association), where he will contribute his expertise in serving underbanked and credit-challenged consumers.

What is FDATA and what is its main purpose?

FDATA (Financial Data and Technology Association) is a global industry body dedicated to promoting customer-permitted access to financial data, supporting innovation and competition in financial services while protecting consumer interests.

What is Karim Nanji's background and experience?

Karim Nanji has been CEO of Inverite since 2019 and previously held senior leadership roles at Progressa, TIO Networks (acquired by PayPal), and CustomHouse. He holds an MBA from Simon Fraser University and a BA in Economics from UBC.

What does Inverite Insights (CSE: INVR) do?

Inverite Insights is an AI-driven software provider that utilizes real-time financial data to empower businesses to transact more effectively with consumers, specializing in bank verification, risk insights, and identity tools.
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